Manager - Global Sourcing
About The Position
The Manager, Global Sourcing works with the Director, Global Sourcing, and cross-functional partners to develop and manage Michaels Private Brand sourcing strategies that support company business objectives and KPIs for assigned categories. The role leads sourcing strategy and execution, vendor selection and management, cost negotiations, production allocation, and delivery performance. It also collaborates with internal teams and offshore offices to support product development, innovation, quality, supply assurance, category growth, and profitability. International and domestic travel is required to identify, evaluate, and manage the global vendor and agent network. The position coaches and develops the Senior Associate Sourcing Manager and Associate Sourcing Manager.
Requirements
- Bachelor’s degree.
- At least 8 years of experience with a major retailer, brand, or product development/sourcing company.
- Demonstrated track record in product development and sourcing.
- Strong leadership, business knowledge, and technical abilities.
- Strong negotiation and vendor management skills.
- Exceptionally organized and detail oriented.
- Strong analytical and financial skills.
- Leadership skills, including strategic thinking and problem solving.
- Excellent written and verbal communication skills.
- Ability to thrive in a fast-paced and constantly evolving environment.
Nice To Haves
- A business-related major is highly preferred.
Responsibilities
- Develop and execute sourcing strategies based on product category needs.
- Drive Private Brand growth through effective collaboration with internal and external partners.
- Collaborate with cross-functional teams to secure surety of supply.
- Manage Global Sourcing Partners through matrix relationships, directly or indirectly via Michaels Global Sourcing Asian Offices.
- Develop vendor and product solutions that support Merchandising strategy and achieve product innovation and quality goals.
- Deliver an optimal vendor matrix that supports category growth, flexibility, speed to market, and profitability.
- Collaborate with offshore offices to identify and evaluate an effective vendor matrix.
- Leverage the vendor matrix across the company to achieve the best cost and value equation.
- Oversee vendor production assignments and production allocation.
- Partner with Product Development to understand the product roadmap, development strategy, and innovation needs, and select suitable vendor partners.
- Manage cost negotiations, production, on-time shipments, and overall execution for assigned product categories.
- Serve as a key link among internal and external stakeholders, including Category Management, Sourcing, Product Development, Quality Assurance, Logistics, Vendor Relations, Finance, Supply Chain, Legal, Inventory Management, Michaels Global Sourcing Asia Offices, vendors, and buying agents.
- Travel internationally and domestically to identify, evaluate, and manage a global vendor and agent network.
- Coach and develop the Senior Associate Sourcing Manager and Associate Sourcing Manager.
- Perform other duties as assigned.
Benefits
- 401(k) with employer match, depending on position and eligibility.
- Employee Assistance Program.
- Medical coverage, depending on position and eligibility.
- Dental coverage, depending on position and eligibility.
- Vision coverage, depending on position and eligibility.
- Telemedicine services.
- Flexible spending accounts.
- Commuter benefits.
- Tuition assistance.
- Adoption assistance.
- Voluntary insurance options.
- Employee discounts.
- Partner discount programs.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
